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Ocasio-Cortez Hits Marjorie Taylor Greene for Cashing in on Insider Trading
Rep. Alexandria Ocasio-Cortez (D-NY) has renewed her call for a ban on lawmakers trading individual stocks after a disclosure filing showed that Rep. Marjorie Taylor Greene (R-Ga.) bought shares in several companies just before President Donald Trump announced a pause on tariffs.

By The Financial District
Apr 252 min read


Goldman Sachs Earns $4.19-B In Q1
Goldman Sachs' stock traders posted their highest quarterly revenue on record, driven by market volatility stemming from the global trade war.

By The Financial District
Apr 251 min read


Italian Billionaire Outplays BlackRock in $19-B Global Port Grab
Italian shipping tycoon Gianluigi Aponte has pulled off one of the decade’s most significant infrastructure deals.

By The Financial District
Apr 251 min read


Trump Reverses Himself, Says He Won’t Fire Fed Chief
President Donald Trump said he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff.

By The Financial District
Apr 251 min read


European Benchmarks Slide While Asian Bourses Finish Mixed | Market & Economy
Global shares traded mixed Thursday, as markets digested a brief Wall Street rally following what appeared to be a softening of President Donald Trump’s rhetoric toward the Federal Reserve and his ongoing trade war.

By The Financial District
Apr 251 min read


The Next Pope from the Peripheries? Why Cardinal Tagle Could be the Global Church's Future
In a world grappling with division, distrust, and disillusionment, the Catholic Church stands at a historic crossroads.

By The Financial District
Apr 254 min read


SK Telecom Suffers Damaging Data Breach
South Korean authorities have launched an investigation into a cyberattack on SK Telecom (SKT) that compromised customers’ SIM-related data.

By The Financial District
Apr 241 min read


"Chicken Tax" Imposed by LBJ 60 Years Ago Still Impacts Pickup Sales
It’s called the “chicken tax,” but it’s levied on pickup trucks.

By The Financial District
Apr 241 min read


PSE Index Sees Momentum Stall
The Philippine Stock Exchange (PSE) index declined today on losses from the services sub-index, closing at 6,158.48 points, down by 10 points or 0.16 percent.

By The Financial District
Apr 242 min read


Apple Replaces Siri Leadership
It’s a changing of the guard in Cupertino. Mike Rockwell, the new head of engineering for Apple’s Siri virtual assistant, is replacing...

By The Financial District
Apr 241 min read


Nearly Half of Teens Say Social Media Is Bad for Youth Mental Health
The impact of social media on young people’s mental health and well-being is a growing concern among parents, educators, health care professionals, and regulators.

By The Financial District
Apr 241 min read


Barclays Downgrades U.S. Auto Sector
Barclays has downgraded its rating on the U.S. autos and mobility sector to "negative" from "neutral," citing concerns that President Donald Trump’s tariffs could squeeze automakers’ earnings and dampen future investment.

By The Financial District
Apr 241 min read


Tesla Profit Sinks 71%; Musk Vows to Quit DOGE
Elon Musk says he’s stepping back from his high-profile and controversial role in the Trump administration as he returns focus to Tesla, following a plunge in company profits and sales.

By The Financial District
Apr 241 min read


Zuckerberg Believed Instagram Was a Threat to Facebook’s Growth
It’s been more than a decade since Kevin Systrom sold Instagram to Facebook, but the memories remain.

By The Financial District
Apr 241 min read


Federal Reserve Surveys Reveal Deepening Concerns Among U.S. Manufacturers
Surveys from regional Federal Reserve banks are beginning to reflect mounting anxiety within the U.S. manufacturing sector, as the economic effects of President Trump’s expansive new tariffs ripple across industries.

By The Financial District
Apr 241 min read


Malaysia Air Seeks Boeing Jets After China Bans Their Delivery
Malaysia Aviation Group Bhd. is in talks with Boeing Co. to potentially take over delivery slots vacated by Chinese carriers as the U.S.–China trade war heats up.

By The Financial District
Apr 241 min read


e.l.f. Beauty: "Indie Brands" That Source from China May Be in Peril
One of the biggest growth stories in cosmetics since the pandemic has been the rise of e.l.f. Beauty (ELF). But that story may be put on hold as the U.S. narrows its trade war to primarily focus on China.

By The Financial District
Apr 242 min read


Private Credit Market Starts to Show Cracks
Cracks are beginning to appear in the $1.5 trillion private credit market, where major players like Ares Management, Apollo Global Management, Blue Owl Capital, Blackstone, and KKR have long dominated.

By The Financial District
Apr 242 min read


OpenAI Would Buy Google Chrome If It Could: Fortune Tech
Things keep getting spicy in the proceedings for U.S. v. Google, which will determine the penalty for the company’s illegal search monopoly.

By The Financial District
Apr 241 min read


AMD To Produce CPU Chips at TSMC Plant
Advanced Micro Devices (AMD) has announced that production of its key processor chips will soon begin at TSMC’s new Arizona plant, marking the first time its products will be manufactured on U.S. soil.

By The Financial District
Apr 241 min read


Bank CEOs Leave Outlooks Unchanged Despite Market Gloom
Wall Street CEOs are sounding cautious to downbeat about the economy, even though their companies have left their outlooks largely unchanged.

By The Financial District
Apr 241 min read


China Cut U.S. Commodities Purchases to as Low as Zero Last Month
China significantly cut imports of various U.S. goods last month, with some categories seeing zero imports.

By The Financial District
Apr 241 min read


China Gets Worst 2025 Growth Forecast Yet with UBS Downgrade
UBS Group AG has issued the most pessimistic forecast yet for China’s 2025 economic growth, predicting an expansion of just 3.4% as U.S. tariffs batter exports.

By The Financial District
Apr 241 min read


More Firms Set to Reveal Forecasts Even As Economy Sours
Companies are entering earnings season amid turbulent markets and an escalating trade war.

By The Financial District
Apr 242 min read
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